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| Provider | Service type | Compensation |
|---|---|---|
CORNERSTONE CAPITAL ADVISORS1+ years Service code 26 1640 CORPORATE WOODS CIR · UNIONTOWN, OH 44685 | Advisory (Participants) | $25,304 |
SUMMIT FINANCIAL CORPORATION1+ years Filed as: SUMMIT BENEFIT SOLUTIONS, INC. Service code 15 · EIN 34-1888990 | Recordkeeping | $22,795 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: REA & ASSOCIATES, INC. Service code 31 · EIN 34-1310124 | Named fiduciary | $5,945 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,191 | $73,102-19.0% | $123,553-52.1% | $56,289+5.2% |
| Participation rate | 97.4% | 74.3%+23.1pp | 82.3%+15.1pp | 69.9%+27.5pp |
| Annual return | -5.37% | 3.01%-8.4pp | 119.21%-124.6pp | -9.96%+4.6pp |
| Employer contribution / active EE | $3,112 | $2,977+4.5% | $4,628-32.8% | $2,111+47.4% |
| Participant deferral / active EE | $3,874 | $5,423-28.6% | $6,426-39.7% | $3,350+15.7% |
| Admin fee / account holder | $471 | $554-14.9% | $9,284-94.9% | $521-9.5% |